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they considered draconian cuts, harry reid and mitch mcconnell said there's a select committee that will spread the cuts all over, you know, over evenly, and that didn't happen, bottom line is, listen, this has been up for a year, and i, and others said, let's get to it, get to it, and they did everything but this. they are on vacation now. they should have come back last week if it's that important. it doesn't get down. i hope i'm wrong, but people are depending on a type of certainty and stability. lou: interesting difference of view in the republican party. speaker boehner in his op-ed this week acknowledges that there would be significant disruptions as a result of sequester going into effect, yet, most of the republican parties say this is what we need, see spending cuts, need to take if on even if it's across the board and arbitrary. there is a real division right now working the republican party apparently; is that right? >> i have not heard so much let's just make the cuts and about it. i'm in the pentagon. i'll serve next week again, and i'm working in the national guard bureau, and th
's in charge and harry reid in charge of the senate. you'd thought we're in charge of everything, apparently. we're not. the president needs to show adership. the house already sent forth proposals, sitting on harry reid's desk, he's done absolutely nothing to bring this to a head. he'll put a bill up with a great title, went be what we want and force you to do it, and, by the way, blame the republicans when it doesn't happen, and then they get to it after, obviously, the march 1 #st deadline. lou: military pay will not be affected by sequester. there's the prospect of possible rolling furloughs, one day a week, several effects that civilian employees, a great number of them in the rollg fiduciary row situation, if it does, in fact, occur. the idea of a sequester turns out to have been -- it seems to me, a monumental misjudgment on the part of both parties and the president, and i can't believe we are sitting here march 1st, and neither the republica or the leadership says this is a stupid idea, and the only people with the power to correct a massively ignorant device we created, and the rep
started the fire instead of trying to put the fire out. >> we tried to get change cpi, and harry reid took it off the table. and the president claims he wants change cpi, but is harry reid more powerful than barack obama? >> that's a good question. >> no, it's not. no, harry reid is not a more powerful guy. but i do agree in the end, if the president will stop demagoguing, and if he'll stop running a presidential campaign, a permanent campaign that david brooks is talking about, al, i think you're right. i think the president, at the end, may actually make some decisions that will upset his own base, change cpi, on hopefully -- hopefully he won't take paul krugman's position and say we'll worry about medicare in 2025 when it starts to melt down. hopefully he'll be a little more responsible than that. i think he will. >> yes. >> but the problem, i think, goes back to mika's point. in all of the attacking the president, he has a plan on the table. you can say is demagoguing. the revenues that he's putting on the table from the taxes add up. the republicans have just come back saying, we're n
the most extreme element in their own party through the primary processes, and that's why harry reid right now is running the senate. >> but there are -- i mean, you saw the front page of the business section of "the new york times" yesterday. there are people who want these assault weapons, and they're selling off the shelves at twice the price. twice the price. i was online looking at guns. it's unbelievable how they're marketed. people like them. people in america feel they need these multiple -- what's that? >> did you buy one? >> no, i was just trying to understand. i personally don't get it. but there is -- it's not just an extreme fringe tiny bit of society. there are people out there who support this. >> i tell you what. >> in our society. >> there aren't enough of those people out there that feel like they have to have an assault weapon to carry presidential elections or senate elections. >> there's enough to make gun manufacturers a lot of money, to make the gun lobby powerful, to make people like wayne la bpie e pierre -- >> think about the money he makes by ginning up fear in a
to reduce spending. we couldn't come to an agreement on that. so jack lew came to harry reid and said, here's our suggestion. do a sequestration. harry reid rejected it initially. jack lex said, what if we do half of it in defense spending? so an automatic across-the-board cut if we can't find a way to reduce spending in other ways we'll do an across-the-board cut with half of it in defense and the other half of it from other parts of the budget. harry reid agreed with jack le w, the president's chief of staff, so then it came to the senate and went to the house where we begrudgingly agreed. we didn't want to see this. i don't think the white house wanted to see sequestration as well. but this plan that was put in place, the house, the senate and the white house all agreed to was to find some way to reduce spending by $1.2 trillion in long-term spending. the first option was the select committee, the supercommittee, as it was called. it obviously failed in its task. shortly after that, the house of representatives said that the select committee has failed in this task. we cannot have seques
was serious, he'd sit down with harry reid and begin to address our problems. >> you know, willie, it strikes me not only the white house but liberals for a decade now have said if republicans were serious about the deficit, they would cut defense spending and they would come forward with tax increases. well, it looks like, as mike was talking about yesterday in this new york article, republicans are going to come forward and let these defense cuts go through. so republicans will, over the past three months compromise in defense spending and compromise in tax increases. so i think it's fair at this point to say, mr. president, show us your hand, because this is what we've been hearing for a decade. taxes have gone up and now we're going to cut pretty significantly from the pentagon's budget. your move, mr. president. >> he wants revenues to go up again and john boehner's response is, we just did that. >> that's the thing. we always heard, you guys raise taxes, cut defense spending and then we will come back with a compromise on spending cuts. but, no, we raise taxes, we come forward with pent
is, according to harry reid, there was a huddle but jake tapper was told that the lawmakers were told to, quote, talk solutions. that certainly would be a change. >> the president, republican and democratic leaders coming together to unveil civil rights icon rosa parks, all pulling in the same direction. the partisan tug-of-war over. >> mr. president, you honor us with your presence. thank you for being here. >> reporter: but this bipartisan moment was just that. a moment. here's the senate leaders going at it just 45 minutes earlier. >> he wasn't elected to work with the congress he want. he was elected to work with a congress he had. >> republicans are too busy fighting among themselves to unite behind a course so they are instead doing nothing. zero. >> reporter: the president did ask congressional leaders to the white house to discuss forced spending cuts for their first face-to-face meeting that republicans call devastating. but the invitation is for friday, the same day those cuts kick in. democrats came to the president's defense. why wait so long? >> well, look, it is entirely
, that harry reid and his pals are supposed to pass one every year. who is doing the investigation for that? host: before we let you go, what do you think about this report that sigtarp put out specifically looking at executive pay at bail out companies? caller: of course it is disgusting. but the senate gets paid for doing nothing. i wonder where they get the idea from? -- raise an important point. anybody who tries to rip off -- guest: you raise an important point. anybody tries to rip out -- representative off the taxpayer is reprehensible. we are coming out very aggressive on anyone in that investigation. those who may be thinking about that or doing that now should take a warning by the fact we are sending people to jail. host: christy romero is special investigator for tarp -- sigtarp for short. >> a look at the automatic spending cuts scheduled to take effect march 1. half the cuts are from the pentagon. we will discuss that with ray locker. and a conversation about the use of lethal force against suspected terrorists. then we will talk about the 22 anniversary of the family and medi
-bowles commission, nominated by the majority leader, harry reid and i served with 17 others, six by the president, and six from each the house and the senate, democrats and republicans, equally divided, and we considered the deficit crisis facing america, and it's serious. we borrow 40 cents for every dollar we spend. that's unsustainable. no family could continue with that kind of a regimen, no could could and certainly no nation can. so we have to have deficit reduction. but we need to do it thoughtfully. first, we don't want to do it too quickly. i met with a group downstairs from illinois, they are civic and business leaders from the quad cities area in western illinois. and we talked about the fact that we are in an economic recovery but a slow one, and one that is taking hold but slowly. and we need to take care that whatever we do doesn't jeopardize economic recovery. right now, downtown the federal reserve board is trying to keep the economic recovery moving forward and jobs created, and the way they're doing that is keeping interest rates low so it's cheaper to borrow what's needed for a
Search Results 0 to 16 of about 17 (some duplicates have been removed)

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